Dahlman Rose Upgrades Cameron International (CAM) to Buy, Deal with Schlumberger a 'Game Changer'

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Intra-day, Dahlman Rose upgraded Cameron International (NYSE: CAM) from Hold to Buy with a price target of $61.00 (from $56.00).

"We consider the combination of Schlumberger's and Cameron's subsea businesses a major strategic plus for Cameron," the analyst said.

For an analyst ratings summary and ratings history on Cameron International click here. For more ratings news on Cameron International click here.

Shares of Cameron International closed at $50.81 yesterday, with a 52 week range of $38.38-$60.00.

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